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Search Results 0 to 24 of about 25 (some duplicates have been removed)
. and may god continue to bless the united states of america. thank you. >> and that was secretary of state hillary clinton speaking at the state department about tuesday's attack in libya that killed u.s. ambassador chris stevens and three other americans, saying that this is an attack that should shock the conscience of people of all faiths and reminding people that the u.s. is a force for peace and progress and that this attack was by a small and savage group of individuals. we remind you that president obama will comment at the white house less than an hour from now. we will also bring you that statement live. this has been a cbs news special report. i'm norah o'donnell along with charlie rose in new york. for those of you in the west, our coverage of this breaking news story continues. >>> good morning. to our viewers in the west, it is wednesday, september 12th, 2012. welcome to ""cbs this morning." the u.s. ambassador to libya has been killed. we'll have complete coverage from the middle east to washington. >>> the white house denies the president is snubbing israel's prime minister
the united states of america, destroyed homes while women and children are in the homes, incarcerate the youth of america, impose 5 different wars on many neighbors, and always threaten others, what would you do? what would you say? would you help it? or would you help the people of the united states? so when we say -- when we say to be wiped we say for occupation to be wiped off from this world. for war seeking to be wiped off, the killing of women and children to be irradicated. we propose the path. the path is to recognize thet thright of the -- recognize the right of the palestinians, allow the people to make decisions regarding their own future. >> he is sketched to address -- scheduled to address on wednesday. >>> inland valleys down into the low 80s. 85 in livermore and antioch. north bay, upper 70s. cooler conditions side because of the fog. tomorrow we could expect similar conditions to what we saw today. fog pushing into the bay shores. clear skies right now. but fog into the morning hours. 70ss and 80s tomorrow. cooler wednesday but we warm back up thursday and into the we
printing spree here in the united states, printing anywhere from 2.4 trillion to $2.7 trillion in order to buy up bonds, including a lot of government debt directly. they say, hey look, so far we don't have inflation so there is no harm in it. to what you say? >> 2% inflation as opposed to a greater level of inflation, there is such a panic in europe that everybody was racing out of the europe into the dollar. holding dollars the fed created instead of spending them same in the united states. because of the economic situation in the united states, many people are using dollars they receive, indeed some printed by the fed to repay debt inset of consume. the whole idea we're not cooking inflation in the oven in the long run is a false idea. the key to the gold standard and going forward to a modernized gold standard it is a prescription for long-term economic growth. under the gold standard the american economy grew at 4% compounded annually, from the birth of the republic practically up until 1971. whereas the economy under the federal reserve's quantitative easing in the last decade has
this morning. they'll just try to get a share of the touch screen market in the united states. to your point about cash going out, more smart phones being sold than expected it is still a big shortage so the move today, is that indicative of -- >> they're not going out of business. >> even though the core operations remain unprofitable. their cash build was 2.3 from 2.2 on the quarter. >> they had more cash than previously. >> and their shipments continue to go down. they bleed people. >> you have the developing countries now. >> the pricing pressure is greater. >> there's always ban thought someone would buy them. but people felt why buy them because they'll run out of money and when they run out of money you can get them for nothing and you get all that intellectual property for nothing. there's a lot of companies that wish they had that keyboard patent. maybe that is worth something. i'm just saying that, look. i want the blackberry 10 to ship earlier. i thought becky's interview was terrific. it's very difficult to be as negative as you might have been before knowing that the restructuri
of the oil from the middle east has to go through in order to get to europe and the united states. libya, for example, has brought its oil industry back online. it is pumping more than i believe a million barrels a day. these are essential to the oil markets internationally and to the price of gas here in the united states. so it's not just oil. it's also international security. it is future of israel. it is our long-term interests in the middle east. melissa: is it working? i hear what you're saying and you look at pictures and see what happens, you have to ask yourself is it working? >> of course those of us who have been out there, we're shocked and we're obviously very, very saddened by these events and our first reaction of one, gee, why does this happen? what we have to do is first of all see what the governments will do in response to these attacks. they have an absolute responsibility to protect embassies and diplomatic establishments. this was not done at all in the case of egypt. the libyans tried. there was a major gunbattle with terrorists involved. we have to see in days ahe
that the united states is engaged in a war with islam and that the west is against islam. it's something that western politicians don't like to talk about and don't like to address. but it's what fuels the anger and the rage. and they're able to exploit that very easily, as was evidenced in libya. and that ideology is what is dangerous. so although one particular group may have been involved in planning the attack, the ideology fueling that kind of attack has come from a different place. and it's all over the world. it's a global threat. and some intelligence officials say it's not being dealt with aadequately. >> lara, that's an interesting piece in "the wall street journal" this morning about the ultra conservative islamist group that is a target of u.s. and libyan inquiries, the worry about this threatening the arab spring. how does this change u.s. policy in the middle east, since we've got protests in libya, egypt and now yemen this morning? >> u.s. policy in the middle east has been something of a roll of the dice since the arab spring began. it's been very clear to u.s. officials
how the united states is responding next. first as we do every day at this time of day, check out how oil is moving right now based on that news out of libya. not moving much at all. down 11 cents. $97.11 a barrel. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathin
percentage of its revenues come from outside the united states and this is a smaller market cap as a spinoff so it was a logical replacement. >> i will see you first, don't buy united health. there's very little money. my hands are different color from my face. what does that mean? there's makeup. >> the dow jones industrial average, the price pointed index which should have absolutely no meaning but they have to keep doing it that way because that's the way they started. everybody follows the s&p but we talk about the dow jones because that's what you hear about on the radio. >> this is the opportunity for the dow to go higher. kraft very levered to commodity costs. particularly we know that the big inflationary trend is food. okay? and they're a huge buyer of all of these commodities. united health, very little commodity costs so you get kind of an inflation break that deals with ben's pro-inflation strategy yesterday. >> this is the first change to the dow jones industrial average since 2009. just to your point that nobody follows the dow jones industrial average, how much money is actual
the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ >>> "squawk box" keeping our eyes on the prize, its eight a "squawk" oil summit. the smartest minds in the industry. >>> safeguarding your online reputation. the founde
's the best case scenario. >> does allow us to focus on the united states. >> exactly. >> we're probably doing better than any economy in the world. >> you're not trying to whistle past graveyards on that front, right? you're not trying to ignore europe. >> melissa mentioned the trading perspective. i think that the traders are saying, okay, now, what do we have here, and when we look at here, well, why don't we see with the steel industry, the auto industry. we focus -- the fill lebeau interview was incredibly important where allan mull ha ly says europe, we don't have it. the truth is united states has it. 14.5 million vehicles. that is a bull market in cars. >> right. >> we are talking about this upgrade today. sun trust, why is sun trust upgraded? i think that's very significant, not just because my trust owns it, but i'm looking at sun trust saying that is, again, the housing market in the south because the federal reserve didn't like sun trust. housing, autos, retail. what else do we need? >> right. >> well, we could use china to start growing a little bit faster instead of going the oth
been made of their failure to invest and promote the pepsi brand for soda within the united states. how relevant now is the home market for investors when, for example, coke is suggesting they will invest $30 billion over the next two or three years with the bot lers to double consumption around the world? >> it's a great question. so there's been a terrific change of heart at pepsi. this year about $600 million of advertising spending behind the businesses, the bulk of that is going to happen in north america. you probably just saw they sign add deal with the nfl. clearly they feel the pressure and want to start growing some of their businesses here at home again. >> and how does that compare to mao tau kent and the mass everybody bottlers worldwide. >> remember, coke bought their bottle in the u.s. so they have a lot more skin in the game. the good die naming here on the beverage side is guys are kind of getting along and playing nicely for the first time in a while. i think they want to make more money. they're cognizant of the economic. they're making the pack sizes smaller and lift
to keep order. it's sort after metaphor what's happening in the united states and countries all around the world where you have, you think you can solve every problem by new regulation, and you have so many different regulations concerns unsportsman like conduct. about ten of them delay of games and illegal, tackler using a helmet to butt. too many regulations for problems on the field. >> and so should the nfl cave and pay more to the regular refs to get them back? >> no, too many-- >> we're going to get e-mails on this, and we will watch whether we've got replacement refs or regular refs. >> we'll watch. >> of course we will. >> and i'll watch, there you go. >> two stories from two states, each will make you angrier than the next, first, union heads give chicago teachers a goldstar for their strike, that shut down schools in seven days, and then, there is california, the formerly golden state where the governor is set to sign a bill that could push even more businesses right out of the state. next. ♪ stuart: new at 10:00 a.m., a truly only in california story. all signs point to je
mohamed shows no signs of dying down. >> united states are trying a counter offense to calm the anger and stop the violence, margaret brennan has that story. >> reporter: good morning. the u.s. government is trying to stop that anti-american violence by buying ad time on pakistani tv to spread the message that it did not endorse the controversial internet video made by an american filmmaker to ridicule islam. it cost the u.s. government $70,000 to broadcast these ads on seven different pakistani tv networks. they feature messages from president obama. >> we reject all efforts to denigrate the beliefs of others. >> reporter: and hillary clinton. >> the united states government has absolutely nothing to do with this video. >> reporter: condemning the anti-islam movie made by a california filmmaker. the state department is trying to cool anti-american fury that sent thousands of protesters into the streets of pakistani cities this week. it isn't the first time that american diplomats sponsored media or purchased ad time but the head of the outreach program said these ads are urgent. >> i
as well as in the united states. >> markets saying these figures point to eurozone contraction of 0.5% in qe. what's your outlook? >> it's in line with our numbers. we think for the full year the eurozone contracts at 0.4% rate, so not far off what you suggested and that seems to be consistent with the underlying data coming in. no real revisions just yet but we'll watch and wait. >> what about 2013, is that a year -- 2012 we see europe broadly contracting. what about 2013? >> a lot hinges on the global environment. hinges on whether the u.s. can slowly grow and maybe grow a bit faster. whether china can begin to pick up steam. external stories can be critical for europe. >> larry will stay with us. let's check in and check out market reaction. >> one hour into european trading session. 73 declining outpacers. ftse 100 down 1.5% yesterday. down 0.5%. dragged yesterday by u.s. disappointing. the xet ra dax down 0.3%. ibex down after a good rise in july. keep your eye on bond rates. yesterday we had a nice rally in spain on two-year. ten-year, 6.62%. that's slightly higher on the sess
in france, germany, the uk and the bae largest customer, the united states. so where do we go from here? katherine boyle joins us, she's been writing about this online. a very good morning to you. let's talk about the impediments to something getting done. which is the biggest one in your opinion? >> well, i don't think you're going to see much political interference actually because i've heard from sources that in fact the main government evolved in the european side have all been consulted off the record and have given the nod. of course that didn't mean that there aren't other governments that could cause some trouble. as you mentioned, be have boeing, but we also have lockheed martin and northrup who are even bigger players in the defense market. >> and it raises the question is it a bigger deal for civilian air space market or defense. and obviously it's defense. >> the u.s. defense market which is still the world's biggest by several multiples. and why there's been a lot of noise about saudi arabia and china and other countries which are sort of bunch onin burgeoni. >> they need t
. the protest seemed, at least in part, in response to an internet movie trailer produced in the united states that anchored muslims for an unflattering portrayal of the muslim leader mohammed. much like the arabs spring, word of the video has spread across the region rapidly for social media. youtube blocks of bdo in egypt and libya where those attacks took place tuesday. the scope of which stunned the u.s. diplomatic community. an official said friday that arrest had been made in connection to those killing. >> a protests began on tuesday against the film, and tonight the southern california moviemaker behind it is still hold up in his home, but the probation department says that he may soon have no trust but to come out. david lopez explains why. >> he is always partying on the weekend, lots of traffic on the weekends. >> she described his home in her neighborhood, the home where a man is said to be inside and refusing to come out. the door knob on the front door has been removed, the mailman delivered again, yesterday's mail still inside the box. no one has even peeked out the front door.
champions in a great yesterday afternoon. death of the ended their right as a second printing in the united states and third of the world. fox off >> of elected officials on hand miss this fifth. thoughtful >> ab area world series is not out the oakland a's are going video west. that is habit in a bit lately. they had a big victory against the red sox >> . the giants are on track as well adding to their lead in the nl west. flight yesterday because us call have thought your if hall crackhouse this caused >>darya: the actor russell crowe had to be rescued. it was kayaking of long island with it to the loss hoax cox and >>darya: did with the concurrence of the talk got at the top office. and rounding out the top three comedy expendable and. >>james: coming up, more local headlines. here is a clear shot in san francisco. the golden gate as those a lot of fog. downtown, loose guys, it works like a good day. coifs caught i'm a native californian. times are tough. our state's going through a tough time. but we can fix it. ♪ chevron's been here in california for 133 years. we work hard. we
colorado is remax ceo margaret kelly. we see their signs all over the united states. margaret, you would be the perfect person where we could check the temperature gauge. but the question that we ask is the most often-asked question, and that is, have we finally bottomed out because it matters to people who are looking to buy, to sell -- to buy, to sell, to refie, or to invest? -- to re-fi or to invest? >> you are exactly right. yes, i really do think we have bottomed out. the good numbers are for 14 months in a row we have had more sales each month for 14 months and the prices have gone up for the last 7 months. those are all great signs for us. in january i was cautiously optimistic. now i'm optimistic. liz: now we are going into the fall season. i never can figure out with you guys. oh the spring is the buying season. the fall is selling season. what is it as we head into fall? >> usually what happens, families like to move in the summer and they like to get their kids in by fall for school, and so usually fall into probably the first of the year, things start to taper off. so if it d
by examining 113 indicators from official data sources and polling 15,000 executives. united states continued a four-year slide to the seventh spot. separately, a judge ruling amr can abandon its pilot's union contract. saying the bankrupt parent of american airlines corrected certain issues that caused him to reject the same request in the past. amr is trying to save more than $1 billion a year in labor costs. it can unilaterally impose work terms on its pilot, all is happening as talks between amr and u.s. air continue. >>> in the meantime, a very complicated story. we've been trying to follow the twists and turns. the fbi now says there is no evidence to support claims that hacking group anonymous infiltrated an fbi agent's laptop and lifted data for more than 12 million apple products. however the front page of "the financial times" lays it out and says hackers embarrass apple with this data release. there were over a million different devices, numbers were published online. this is a story that has many odd twists. the hackers said they would not give any interviews about this breach unt
bag. i mean, the math is done a little bit differently in the united states, you having done a ph.d. at harvard. they are taking care of the problem, aren't they? they are in the process? >> well, they are talking about it. i don't think they are doing any meaningful things, because in the u.s. political system, you really have to have the president, the white house, and the congress working together. and currently, the two parties are not even talking the same language oftentimes. so i do hope whatever the outcome of the presidential election in the u.s., the two parties, the administration and the parliament, the congress should work together. >> yeah, their philosophies are farther apart than ever. it's two different americas. what are you saying then? you're saying with the prospect of still a possible qe3, that a serious debasement of the dollar devaluation -- almost like a deliberate devaluation of the dollar is going to enter the conversation here? is that what you're alluding to? >> no. what i'm saying is the u.s. financial crisis is a monumental, historical event. the con
has been happening this morning? those viewers in the united states waking up, why are the apple workers in paris upset? >> for the last week, they've been extremely it is grunt he willed. all over the french media, they've been meeting with different management, complaining, in pact one of them was quoted as saying working at apple is like working in a coal mine. they've been complaining that they have to work longer hours than what they're paid for, that they don't get any commissions uneven though they're under constant pressure to sell. they're monitored by cameras in the stores and looking for things like a 13th month of pay as a bonus, higher pay and water fountains in the store. some of these things are standards for french workers, but they're complaining that apple has been extremely resistant to provide them these things. in fact they say they've been fighting for three years for the 13th month of pay. so at the end of yesterday, there was a sort of last resort meeting at which it was decided that these issues would be revisited before the end of the year, that the comp
. >> the president of the united states says he can't change washington from the inside. he said he can't change washington from the inside. he says he can't change it from the inside. >> reporter: but at this point, both candidates are looking for any edge they can find. the president wasted no time painting romney as out of touch for saying the 47% of americans who don't pay federal income taxes are irresponsible, government-dependent victims. >> when you express an attitude that half the country considers itself victims, that somehow they want to be dependent on government, my thinking is, maybe you haven't gotten around a lot. >> reporter: on radio iowa late thursday, ann romney was asked about republican critics who say her husband is running a losing campaign. >> stop it. this is hard. you want to try it? get in the ring. >> reporter: and, george, both sides reported more than $110 million having been raised in their august financial reports. but the romney campaign facing some questions from republican donors about a $20 million loan it had to take out. and also, up to $200,000 in bonuses
camera again is everybody wants equal opportunity and fairness in the united states. it's just when that breaks down and you don't think it's fair. and you know what else plays into it? is corporate cronyism and the kablt ability to succeed but not to fail. we talk about these things in a perfect world. and it's not perfect. and that's when we get things that need to be rectified and people feel like they're getting screwed, basically. >> no, there's a feeling, and the feeling is enhanced in a downturn, a bubbly economy is when people feel better. i have to add these problems may seem, you know, to be challenges for us. they're big challenges in other places. >> worse than here. >> oh, yeah. india has had momentum stall and a loss of investor confidence from some really dumb stuff. >> you think we can get our mojo back, mike? >> oh, yeah. >> you do? >> yeah, i think so. partly because there's so many parts of the economy on the private sector side that are dynamic and functioning fine. i think people will get motivated and get back in the game. the real question marks frankly on our
Search Results 0 to 24 of about 25 (some duplicates have been removed)